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WO
Senior Accountant
Wood · Al-Khobar, Saudi Arabia
About The Role
Wood is recruiting for a Senior Accountant to join its technically challenging.
The Role
- Wood currently has an exciting opportunity for a Project Accountant based in our Khobar Office in Saudi Arabia.
- Designing the future. Transforming the world.
- At Wood, we play our part by supporting our global clients with advanced facilities and predictable, safe and fast delivery of projects worldwide as we strive for net zero.
- What we can offer
- Meaningful and interesting projects delivered to leaders of industry across renewables and emerging energy sectors
- Commitment to Diversity and Inclusion across our business with employee networks committed to giving all employees a voice
- Competitive salary with regular salary reviews to ensure we are rewarding at the right level in line with the market.
- Commitment to continued professional development through development plans tailored to individual needs and interests
- Global connections with leading industry experts around the world who are shaping the standards of our profession
Key Responsibilities
- Reviewing and validating AR and AP transactions processed by the Shared Services team
- Monitoring ageing, collections status, and supplier balances (oversight role)
- Handling Revenue activities end-to-end, including:
- Revenue recognition calculations
- Month-end revenue entries
- Project-related reconciliations
- Contract assets/liabilities tracking
- Preparing month-end closing journals, reconciliations, and supporting schedules
- Ensuring compliance with internal controls and accounting policies
- Coordinating with Shared Services, Project Controls, and Finance teams as required
- Bachelor's degree in Finance or Accounting
- Good understanding of AR, AP, and Revenue processes
- Good experience in Oracle ERP
- Minimum of 10 years of experience
- Expert with management reporting and statuary reporting
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